Coinbase’s difficult Q1 results complicate market for crypto startups

That didn’t happen. Today, Coinbase’s stock opened at just $54.66, down 25% from yesterday’s close. The Exchange explores startups, markets and money. In the first quarter, Coinbase’s revenues dipped 27% to $1.17 billion from a year earlier, and operating expenses more than doubled to $1.72 billion. The huge step-up in spend was partially because of … Coinbase’s difficult Q1 results complicate market for crypto startups Read More » The post Coinbase’s difficult Q1 results complicate market for crypto startups first appeared on PRP Breaking News and Top Stories.
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